Telus 2007 Annual Report Download - page 17

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17
replaced six previously separate collective agreements and applies to all unionized
employees represented by the Telecommunications Workers Union (“TWU”) located
predominantly in B.C., Alberta, Ontario and Québec.
Wireline segment
The TWU represents approximately 9,500 unionized employees in TELUS’ wireline
operations across Canada. These employees are covered by the TWU Collective
Agreement. Approximately 1,000 office, clerical and technical employees in the wireline
segment in Québec are represented by the Syndicat Québécois des employés de
TELUS, under a collective agreement that will expire on December 31, 2009. In
addition, the Syndicat des Agents de Maîtrise de TELUS (“SAMT”) represents
approximately 480 unionized employees in TELUS’ wireline operations in Québec under
a collective agreement that expired on March 31, 2007. TSSI, which employs
approximately 115 unionized employees in the payroll and human resources services
business, is signatory to three separate collective agreements in the provinces of Alberta
and BC.
Wireless segment
TELUS’ wireless operations employed approximately 3,800 unionized employees in two
separate bargaining units, with the majority of unionized employees (approximately
3,700 clerical and technical employees across Canada) included in the TWU’s national
bargaining unit and a smaller number (approximately 15 professional and supervisory
employees) represented by the SAMT in Québec under a collective agreement that
expired on March 31, 2007.
Collective bargaining in 2007
Renewal negotiations for the two collective agreements with the SAMT commenced in
2007 and remain ongoing. The terms of these expired agreements continue to apply
until new collective agreements are put in place. (See “Management’s Discussion and
Analysis – Risks and Risk Management – Section 10.4 Human Resources” in TELUS’
2007 Annual Report – Financial Review).
CAPITAL ASSETS AND GOODWILL
As at December 31, 2007, the total investment of TELUS in capital assets and goodwill
was recorded at a net book value of $14.3 billion on a consolidated basis.
The principal capital assets of TELUS consist of telecommunications property, plant and
equipment and intangible assets and do not lend themselves to description by exact
location. As at December 31, 2007, the total investment of TELUS in capital assets was
recorded at a net book value of $11.1 billion on a consolidated basis. Such assets,
located principally in Alberta, B.C., Ontario and Québec, include network facilities, relay
and transmission towers, switching equipment, terminal devices, computers, motor
vehicles, tools and test equipment, furniture, office equipment and intangible assets.
Spectrum licences, which had a net book value of $3.0 billion as at December 31, 2007,
comprise the majority of identifiable intangible assets included in capital assets.